BTC $79,059.70 +0.68%
ETH $2,500.85 +0.75%
BNB $744.08 -0.86%
XRP $1.43 +0.67%
SOL $103.59 +0.29%
TRX $0.3386 -0.34%
DOGE $0.0898 +0.30%
ADA $0.2179 -1.29%
BCH $258.70 +0.68%
LINK $12.09 -3.75%
HYPE $85.98 +2.86%
AAVE $129.81 +0.61%
SUI $0.8118 -0.56%
XLM $0.1873 -1.49%
ZEC $1,279.50 +8.91%
BTC $79,059.70 +0.68%
ETH $2,500.85 +0.75%
BNB $744.08 -0.86%
XRP $1.43 +0.67%
SOL $103.59 +0.29%
TRX $0.3386 -0.34%
DOGE $0.0898 +0.30%
ADA $0.2179 -1.29%
BCH $258.70 +0.68%
LINK $12.09 -3.75%
HYPE $85.98 +2.86%
AAVE $129.81 +0.61%
SUI $0.8118 -0.56%
XLM $0.1873 -1.49%
ZEC $1,279.50 +8.91%

ssi

All
Article
Flash

first_img Bit2Me established Bit2Shield to assist law enforcement in tracking cryptocurrency assets

Spain's largest cryptocurrency exchange Bit2Me announced the establishment of an independent company Bit2Shield (registered name CryptoShield S.L) to assist courts, police, and financial institutions in tracking, seizing, storing, and selling cryptocurrency assets. This department will support investigators in extracting wallet data, locating cryptocurrency assets, and issuing digital signature forensic reports that can be used in court, while also being responsible for fraud investigations, source of funds verification, and providing training for police, judges, and banks.This move formalizes the work Bit2Me previously conducted for public institutions. In 2025, Bit2Me handled seized cryptocurrency assets worth 1.5 million euros (approximately 1.74 million dollars) for Interpol, Europol, and the Spanish police, using blockchain analysis company Chainalysis to track the assets. Bit2Shield will store seized assets in cold wallets that require multiple signatures and arrange for their sale when ordered by authorities, with proceeds transferred to government bank accounts in euros.Bit2Shield is part of Bit2Me's expansion from retail trading to banking and public institution infrastructure, with investors including Bankinter, Unicaja, Cecabank, Telefónica, and Tether. Since Bit2Shield focuses on investigations, forensics, and training, it is not considered a cryptocurrency service provider under the EU's Markets in Crypto-Assets Regulation (MiCA); any operations involving the exchange of cryptocurrency for euros will be handled by Bitcoinforme S.L., an entity authorized by the Spanish securities regulator MiCA under Bit2Me.

first_img Robinhood Chain's daily gas fees surged 82 times in 11 days, surpassing all other chains

According to DeFiLlama data, the daily Gas fees of Robinhood's Ethereum Layer 2 network, Robinhood Chain, surged approximately 82 times within 11 days, surpassing all other blockchain networks to become the chain with the highest daily Gas fees. This network is built on the Arbitrum Orbit technology stack and has been live for only about two months.Data shows that the average daily Gas fees of Robinhood Chain climbed from about $56,000 on August 23 to approximately $3.75 million on September 1, continuously breaking historical records for several days. The fee surge is primarily driven by speculative trading of Meme coins, with the weekly trading volume on the on-chain DEX exceeding $1 billion at one point, where the token issuance platform Pons contributed the majority of the trading volume. As of September 1, the average transaction fee on this chain rose to $0.33, while Base was only about $0.0026 and Solana was about $0.013 during the same period.The high fees have also brought considerable revenue to Robinhood Chain. According to the protocol agreement, 10% of its net revenue must be allocated to the Arbitrum ecosystem, with 80% going to the Arbitrum DAO and 20% to the developer fund; in comparison, Arbitrum One's Gas fees on the same day were less than $15,000. The official Robinhood wallet still offers Gas subsidies for eligible transactions, which will continue until September 29.
app_icon
ChainCatcher Building the Web3 world with innovations.